News

Government approves 10 building plans in November

Consent has been given for work to start on five building projects.

ASEAN expansion accelerates for 73% of GBA firms: study

Singapore draws a further 23% uplift for financing roles and regional HQ functions, the survey shows.

Hong Kong extends FTA scheme to Mainland China–Peru transhipments

Mainland China-Peru cargo now qualifies for preferential tariffs.

Justice Department sets up 13-member go-global advisory committee

Committee draws Mainland, Hong Kong experts to aid overseas expansion.

Hongkong Land announces Ares’ expansion in Gloucester Tower office

The investment manager will add 12,500 sq. ft. to its existing space in the Central district building.  

Shau Kei Wan Inland Lot goes up for public tender

Private residential, non-industrial use allowed on 1,349 sqm. site.

61% of HK adults say parents expect no financial support: survey

Hang Seng offers upgraded accounts to tackle these financial challenges.

King Virtue Limited wins New Kowloon property bid

The New Kowloon Inland Lot No. 6674 includes a 50-year lease for the purchaser.

HA to assess 2026/27 budget plan as constructions cost rise

HA to cut annual operational costs by 2% for two years

Foreign currency reserves edge down to $3.33t in December

Assets still cover 38% of M3, five times currency in circulation

Lands Department issues 3,872 residential units for pre-sale in Q4

It issued 11 consents for developments that may be completed in 2026 and 2027.

91.7% stake in Happy Valley property up for public tender

Tender offers compulsory sale pathway and 33,390 sq ft GFA

Hong Kong insurers pay $33.4m after Tai Po fire

For life insurance, residents of Wang Fuk Court hold about 10,660 policies.

Retail rebounds in end-2025 on sales, leasing, arrivals

Total retail sales in November rose by 6.5% YoY, whilst leasing reached 349,000 sq. ft.